Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 08-01-2017 , and ending 07-31-2018
Name of foundation
ALBERT AND ELAINE BORCHARD
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)2550 NORTH HOLLYWOOD WAY NO 205
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BURBANK, CA91505
A Employer identification number

95-3294377
B Telephone number (see instructions)

(818) 888-2871
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$33,122,874J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 350,878 350,878  
4 Dividends and interest from securities... 181,995 181,995  
5a Gross rents............ 1,671,900 1,671,900  
b Net rental income or (loss) 1,466,561
6a Net gain or (loss) from sale of assets not on line 10 786,684
b Gross sales price for all assets on line 6a 8,385,369
7 Capital gain net income (from Part IV, line 2)... 786,684
8 Net short-term capital gain.........  
9 Income modifications........... 38,383
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 64,804 24,000 0
12 Total. Add lines 1 through 11........ 3,056,261 3,015,457 38,383
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 207,294 154,041 0 53,253
14 Other employee salaries and wages...... 43,833 32,573 0 11,260
15 Pension plans, employee benefits....... 3,745 2,771 0 974
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 23,200 17,240 0 5,960
c Other professional fees (attach schedule).... Click to see attachment 59,622 44,305 0 15,317
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 173,022 138,820 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 63,681 63,681 0
20 Occupancy.............. 73,668 54,742 0 18,926
21 Travel, conferences, and meetings....... 20,073 14,917 0 5,156
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 125,876 88,041 0 37,835
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 794,014 611,131 0 148,681
25 Contributions, gifts, grants paid....... 1,293,837 1,293,837
26 Total expenses and disbursements. Add lines 24 and 25 2,087,851 611,131 0 1,442,518
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 968,410
b Net investment income (if negative, enter -0-) 2,404,326
c Adjusted net income (if negative, enter -0-)... 38,383
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 8,397 16,743 16,743
2 Savings and temporary cash investments......... 1,110,698 1,650,863 1,650,863
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 499,710 Click to see attachment3,205,137 3,210,507
b Investments—corporate stock (attach schedule)....... 1,232,571 0 0
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet9,132,086
Less: accumulated depreciation (attach schedule) bullet5,592,497 3,603,269 Click to see attachment3,539,589 17,100,419
12 Investments—mortgage loans............. 5,000,000 5,000,000 5,000,000
13 Investments—other (attach schedule).......... 5,513,102 Click to see attachment4,523,825 4,605,532
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment440,547 Click to see attachment440,547 Click to see attachment1,538,810
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,408,294 18,376,704 33,122,874
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 12,776,868 12,776,868
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 4,631,426 5,599,836
29 Total net assets or fund balances (see instructions)..... 17,408,294 18,376,704
30 Total liabilities and net assets/fund balances (see instructions). 17,408,294 18,376,704
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
17,408,294
2
Enter amount from Part I, line 27a .....................
2
968,410
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,376,704
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,376,704
Form 990-PF (2019)
Form 990-PF (2019)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P   2018-07-31
b TREASURY BILLS P   2018-07-31
c VGD LIFESTRATEGY GROWTH INDEX P   2018-07-31
d CAPITAL GAINS DISTRIBUTION P   2018-07-31
e AMERICAN BALANCED FUND P   2018-07-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 8,294,540   7,598,685 695,855
b 5,370     5,370
c 3,217     3,217
d 3,752     3,752
e 78,490     78,490
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       695,855
b       5,370
c       3,217
d       3,752
e       78,490
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 786,684
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 1,519,171 30,825,747 0.049283
2017 1,579,099 30,487,614 0.051795
2016 1,454,437 28,578,255 0.050893
2015 1,211,682 22,258,083 0.054438
2014 1,215,780 22,214,624 0.054729
2
Total of line 1, column (d) .....................
2
0.261138
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.052228
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
31,243,775
5
Multiply line 4 by line 3......................
5
1,631,800
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
24,043
7
Add lines 5 and 6........................
7
1,655,843
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,442,518
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 48,087
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 48,087
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 48,087
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 36,213
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 48,213
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 455
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 329
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.BORCHARDFOUNDATION.ORG
    14
    The books are in care ofbulletKERRY HANNAWELL Telephone no.bullet (818) 565-1020

    Located atbullet2550 NORTH HOLLYWOOD WAY SUITE 205BURBANKCA ZIP+4bullet91505
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletFR
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    EDWARD D SPURGEON DIRECTOR/PRESIDENT
    20.00     		26,750 0 0
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    JANNA BELING DIRECTOR, EXEC, VICE PRESIDENT
    20.00     		39,042 0 4,495
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    KRISTEN BELING DIRECTOR
    20.00     		28,625 0 6,227
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    MICHAEL SPURGEON DIRECTOR, EXEC, VICE PRESIDENT
    20.00     		26,544 0 2,401
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    STEPHEN SPURGEON DIRECTOR
    20.00     		14,833 0 363
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    KERRY HANNAWELL CFO
    20.00     		49,000 0 0
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    HEIDI GALKE AUG-DEC 2017 DIRECTOR, SECRETARY, CFO
    20.00     		22,500 0 0
    2551 N HOLLYWOOD WAY STE 205
    BURBANK,CA91506
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    8,677,354
    b
    Average of monthly cash balances.......................
    1b
    941,796
    c
    Fair market value of all other assets (see instructions)................
    1c
    22,100,419
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,719,569
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    31,719,569
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    475,794
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    31,243,775
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,562,189
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,562,189
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    48,087
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    48,087
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,514,102
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    38,383
    5
    Add lines 3 and 4............................
    5
    1,552,485
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,552,485
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,442,518
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,442,518
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,442,518
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 1,552,485
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 129,170
    b From 2015...... 124,712
    c From 2016...... 81,688
    d From 2017...... 13,529
    e From 2018......  
    fTotal of lines 3a through e........ 349,099
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 1,442,518
    a Applied to 2018, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2019 distributable amount..... 1,442,518
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 109,967 109,967
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 239,132
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		19,203
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		219,929
    10 Analysis of line 9:
    a Excess from 2015.... 124,712
    b Excess from 2016.... 81,688
    c Excess from 2017.... 13,529
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ALBERT AND ELAINE BORCHARD FOUNDATI
    2550 N HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    (818) 565-1020
    INFO@BORCHARDFOUNDATION.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    SEE WEBSITE AT WWW.BORCHARDFOUNDATION.ORG
    cAny submission deadlines:
    APRIL 1 AND OCTOBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO GRANTS TO INDIVIDUALS
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    916 INK
    PO BOX 162605
    SACRAMENTO,CA95816     		  PC MATCHING GRANT FOR STRATEGIC RESERVE ACCOUNT 62,500
    ABA - COMMISSION ON LAW AND AGING
    1050 CONNECTICUT AVENUE NW SUITE
    400
    WASHINGTON,DC20036     		  PC GRANT FOR 2018 NATIONAL AGING AND LAW CONFERENCE IN VIRGINIA 15,000
    ASSISTANCE LEAGUE OF VENTURA COUNTY
    913 EAST SANTA CLARA STREET
    VENTURA,CA93001     		  PC GRANT FOR OPERATING SCHOOL BELL PROGRAM 5,000
    BET TZEDEL LEGAL SERVICES
    3250 WILSHIRE BOULEVARD 13TH FLOOR
    LOS ANGELES,CA90010     		  PC GRANT FOR ELDER JUSTICE PROGRAM 25,000
    CALIFORNIA DANCE INSTITUTE
    3303 WILSHIRE BOULEVARD SUITE 310
    LOS ANGELES,CA90010     		  PC GRANT FOR 2018 DANCE CLASSES AND MUSICAL ACCOMPANIMENT 5,000
    CALIFORNIA INSTITUTE OF TECHNOLOGY
    1200 E CALIFORNIA BLVD MC 5-32
    PASADENA,CA91125     		  PC GRANT FOR VIOLENCE AND ORDER PAST AND PRESENT COLLOQUIUM DIRECTED BY PROF. WARREN BROWN 35,000
    CALIFORNIA STATE UNIVERSITY LONG BEACH
    6300 STATE UNIVERSITY DRIVE SUITE
    332
    LONG BEACH,CA90815     		  GOV GRANT FOR EVOLUTIONS AND REVOLUTIONS IN ACTOR 35,000
    CASA OF LOS ANGELES
    201 CENTRE PLAZA DRIVE SUITE 1100
    MONTEREY PARK,CA91754     		  PC GRANT FOR SERVICES FOR TRANSITION AGE YOUTH 10,000
    CATHOLIC CHARITIES OF LOS ANGELES INC
    3250 WILSHIRE BLVD SUITE 1010
    LOS ANGELES,CA90010     		  PC GRANT FOR 2018 CORE OPERATING SUPPORT 10,000
    CENTER FOR DISASTER PHILANTHROPY
    1201 CONNECTICUT AVENUE NW SUITE
    300
    WASHINGTON,DC20036     		  PC GRANT FOR "THE 2017 ATLANTIC HURRICANE SEASON RECOVERY FUND" 25,000
    CHILDREN'S INSTITUTE INC
    2121 WEST TEMPLE STREET
    LOS ANGELES,CA90026     		  PC GRANT IN SUPPORT OF YOUTH DEVELOPMENT PROGRAMS 10,000
    COMMON THREADS
    3811 BEE CAVES RD SUITE 108
    AUSTIN,TX78746     		  PC GRANT FOR HEALTHY COOKING AND NUTRITION EDUCATION 5,000
    DISCOVERY CHILDREN'S MUSEUM
    360 PROMENADE PLACE
    LAS VEGAS,NV89106     		  PC GRANT TO HELP UNDERWRITE PAID YOUTH WORKS INTERNSHIP. 7,500
    EL CENTRO DE AMISTAD
    566 SOUTH BRAND BLVD
    SAN FERNANDO,CA91340     		  PC GRANT TO EXPAND THE OUTREACH TO LOW-INCOME ADULTS WITH MENTAL ILLNESSES 15,000
    FIRST STAR INC
    2049 CENTURY PARK EAST SUITE 4320
    LOS ANGELES,CA90067     		  PC GRANT FOR UCLA BRUIN GUARDIAN SCHOLARS ACADEMY 10,000
    FOOD FORWARD INC
    7412 FULTON AVENUE SUITE 3
    NORTH HOLLYWOOD,CA91605     		  PC GRANT IN SUPPORT OF PRIMARY PRODUCE PROGRAMS 12,500
    FOOD SHARE INC
    4156 SOUTHBANK ROAD
    OXNARD,CA93036     		  PC GRANT IN SUPPORT OF ONGOING FOOD DISTRIBUTION PROGRAMS 12,500
    FOOTHILL FAMILY
    2550 E FOOTHILL BLVD SUITE 300
    PASADENA,CA91107     		  PC GRANT FOR SCHOOL BASED MENTAL HEALTH SERVICES 10,000
    FORDHAM UNIVERSITY
    113 WEST 60TH STREET
    NEW YORK,NY10023     		  PC GRANT FOR 2018 ACADEMIC RESEARCH FOR PROF. CAROLE COX 19,300
    GLOBAL AIDS INTERFAITH ALLIANCE
    2171 FRANCISCO BLVD EAST SUITE 1
    SAN RAFAEL,CA94901     		  PC NURSING SCHOLARS PROGRAM 10,000
    HARBOR COMMUNITY CLINIC
    593 W SIXTH STREET
    SAN PEDRO,CA90731     		  PC GRANT IN SUPPORT OF PEDIATRIC CLINIC 7,500
    HEALTH VOLUNTEERS OVERSEAS
    1900 L STREET NW SUITE 310
    WASHINGTON,DC20036     		  PC GRANT IN SUPPORT OF PHASE III OF THE EVALUATION AND METRICS PROJECT 25,000
    HEAR CENTER
    301 E DEL MAR BLVD
    PASADENA,CA91101     		  PC GRANT FOR FREE-HEARING AND SPEECH SCREENING PROGRAM 5,000
    JUSTICE IN AGING
    1130 BROADWAY SUITE 525
    OAKLAND,CA94612     		  PC GRANT TO FUND THE BORCHARD FELLOWS SMALL GRANTS PROGRAM 2018 15,000
    JUSTICE IN AGING
    1330 BROADWAY SUITE 525
    OAKLAND,CA94612     		  PC GRANT FOR EDUCATION AND TRAINING TO LOW INCOME SENIORS TO HEALTH CARE AND ECONOMIC SECURITY 25,000
    JUSTICE IN AGING
    1330 BROADWAY SUITE 525
    OAKLAND,CA94612     		  PC 2018-2019 CENTER ON LAW AND AGING FELLOWSHIP GRANT FOR ANNIE MANHARDT 50,000
    LAF (LEGAL ASSISTANCE FOUNDATION)
    120 SOUTH LASALLE STREET
    CHICAGO,IL60603     		  PC 2018-2019 CENTER ON LAW AND AGING FELLOWSHIP GRANT FOR TERESA YAO 50,000
    LENOX HILL NEIGHBORHOOD HOUSE
    331 EAST 70TH STREET
    NEW YORK,NY10021     		  PC 2018-2019 CENTER ON LAW AND AGING FELLOWSHIP GRANT FOR EMILY MUSSON 50,000
    LEUKEMIA & LYMPHOMA SOCIETY
    4929 WILSHIRE BLVD SUITE 800
    LOS ANGELES,CA90010     		  PC GRANT FOR IMPROVING THE QUALITY OF LIFE AND ACCESS TO CARE FOR BLOOD CANCER PATIENTS AND THEIR FAMILIES 20,000
    LOS ANGELES CITY COLLEGE FOUNDATION
    855 NORTH VERMONT AVENUE
    LOS ANGELES,CA90029     		  PC GRANT FOR GENERAL OPERATING EXPENSES FOR ACADEMIC SUPPORT AND FINANCIAL AID ACTIVITIES FOR LOW INCOME STUDENTS 15,000
    LOS ANGELES MISSION
    303 EAST 5TH STREET
    LOS ANGELES,CA90013     		  PC GRANT FOR FRESH START PROGRAM FOR HOMELESS MEN AND WOMEN 10,000
    LOS ANGELES PHILHARMONIC ASSOCIATION
    151 S GRAND AVENUE
    LOS ANGELES,CA90012     		  PC GRANT FOR YOUTH ORCHESTRA PROGRAM 10,000
    LOS ANGELES REGIONAL FOOD BANK
    1734 E 41ST STREET
    LOS ANGELES,CA90058     		  PC GRANT IN SUPPORT OF PROGRAM OPERATING FUND TO HELP PROVIDE FOOD TO UNDERSERVED NEIGHBORS 12,500
    LOS RIOS FOUNDATION
    4700 COLLEGE OAK DRIVE
    SACRAMENTO,CA95841     		  PC GRANT FOR PROOFREADING, COPY, EDITING, TYPESETTING, BOOKKEEPING, PRINTING SERVICES 20,000
    MEND
    10641 N SAN FERNANDO ROAD
    PACOIMA,CA91331     		  PC GRANT TO HELP WITH GENERAL OPERATING EXPENSES 12,500
    MENTAL HEALTH OF AMERICA
    200 PINE AVENUE SUITE 400
    LONG BEACH,CA90802     		  PC GRANT FOR VILLAGE INTEGRATED HEALTH CARE PROJECT 10,000
    NETWORK FOR TEACHING ENTREPRENEURSHIP
    350 S BIXEL STREET SUITE 280
    LOS ANGELES,CA90017     		  PC GRANT FOR GREATER LOS ANGELES SCHOOLS ENTREPRENEURSHIP INITIATIVE 10,000
    NEVADA BALLET THEATER INC
    4981 SHIRLEY STREET
    LAS VEGAS,NV89119     		  PC GRANT FOR SINGLE YEAR FUTURE DANCE EDUCATION AND OUTREACH SUPPORT 25,000
    NEVADA BALLET THEATER INC
    4981 SHIRLEY STREET
    LAS VEGAS,NV89119     		  PC GRANT IN SUPPORT OF THE COMBAT YOUTH HOMELESSNESS PROGRAMS IN SOUTHERN NEVADA 12,500
    NEW EARTH
    6001 BRISTOL PKWY SUITE 200
    CULVER CITY,CA90230     		  PC GRANT IN SUPPORT OF YOUTH DEVELOPMENT SITE 10,000
    OPENING DOORS INC
    1111 HOWE AVENUE SUITE 125
    SACRAMENTO,CA95825     		  PC GRANT FOR GUARDIANSHIP DEVELOPMENT PROJECT 15,000
    PET ADOPTION FUND
    7515 DEERING AVENUE
    CANOGA PARK,CA91303     		  PC GRANT TO HELP HOMELESS, ABUSED ANIMALS TO BE ADOPTED 10,000
    PET ADOPTION FUND
    7515 DEERING AVENUE
    CANOGA PARK,CA91303     		  PC GRANT FOR OPERATING EXPENSES TO HELP ABUSED ANIMALS TO BE ADOPTED 5,000
    PLANNED PARENTHOOD LOS ANGELES
    400 W 30TH ST
    LOS ANGELES,CA90007     		  PC GRANT FOR COMMUNITY EDUCATION AND OUTREACH 25,000
    POMONA COLLEGE
    150 E EIGHT STREET
    CLAREMONT,CA91711     		  PC GRANT FOR SCHOLAR-IN-RESIDENCE, DR. VIRGINIA DUZER FALL SEMESTER 2017 AT EDU. CENTER, MISSILLAC, FRANCE 30,000
    POMONA COLLEGE
    150 E EIGHT STREET
    CLAREMONT,CA91711     		  PC GRANT FOR SCHOLAR-IN-RESIDENCE, DR. JACK ABECASSIS SPRING SEMESTER 2018 AT EDU. CENTER, MISSILLAC, FRANCE 30,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA
    UNIVERSITY OF CALIFORNIA SANTA
    BARBARA
    SANTA BARBARA,CA93106     		  GOV GRANT IN SUPPORT OF FRENCH DANCE COMPANY 10,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA
    SANTA BARBARA SAASB BUILDING ROOM
    1212
    SANTA BARBARA,CA93106     		  GOV GRANT FOR 2018 EUROPEAN AND RUSSIAN RESEARCH FELLOWSHIP 25,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA (UCSB)
    UNIVERSITY OF CALIFORNIA SANTA
    BARBARA
    SANTA BARBARA,CA93106     		  GOV GRANT FOR EUROPEAN STUDIES FELLOWSHIP FOR 2017/18 25,000
    RESCUE MISSION ALLIANCE
    12701 VAN NUYS BOULEVARD SUITE A
    PACOIMA,CA91331     		  PC GRANT IN SUPPORT OF THE VALLEY FOOD BANK PROGRAM 12,500
    RONALD MCDONALD HOUSE
    4560 FOUNTAIN AVENUE
    LOS ANGELES,CA90029     		  PC GRANT FOR GUEST SERVICES PROFESSIONAL DEVELOPMENT PROGRAM 10,000
    ROUNDHOUSE AQUARIUM TEACHING CENTER
    PO BOX 1
    MANHATTAN BEACH,CA90267     		  PC GRANT FOR 2018-2019 FREE MARINE SCIENCE AND ENVIRONMENT EDUCATION 5,000
    SACRAMENTO FOOD BANK & FAMILY SERVICES
    3333 THIRD AVENUE
    SACRAMENTO,CA95817     		  PC GRANT FOR PURCHASE OF FRESH PRODUCE AND CONSUMABLES AND SUPPLIES FOR FOOD PROCESSING AND EXPAND 12,500
    SACRAMENTO LOAVES & FISHES
    PO BOX 13495
    SACRAMENTO,CA95813     		  PC GRANT FOR 2018 DINING ROOM PROGRAM 12,500
    SOUTH COASTAL COUNTIES LEGAL SERVICES
    22 BEDFORD STREET
    FALL RIVER,MA02720     		  PC 2018-2019 CENTER ON LAW AND AGING FELLOWSHIP GRANT FOR ANDREW BARDETTI 50,000
    SOUTHERN CALIFORNIA PUBLIC RADIO
    474 S RAYMOND AVENUE
    PASADENA,CA91105     		  PC GRANT FOR STRENGTHEN AND SUSTAIN MULTIPLATFORM COVERAGE OF ARTS EDUCATION 10,000
    SPREAD THE WORD NEVADA
    1065 AMERICAN PACIFIC DRIVE SUITE
    160
    HENDERSON,NV89074     		  PC GRANT FOR GENERAL OPERATING COST 15,000
    SYRACUSE UNIVERSITY
    211 LYMAN HALL
    SYRACUSE,NY13244     		  PC GRANT FOR 2018 ACADEMIC RESEARCH FOR PROF. MARY HELEN MCNEAL 18,873
    TEDDY BEAR CANCER FOUNDATION
    3892 STATE STREET SUITE 220
    SANTA BARBARA,CA93105     		  PC GRANT FOR SUPPORT FOR FAMILIES OF CHILDREN WITH CANCER 10,000
    THE HARMONY PROJECT
    4322 WILSHIRE BLVD SUITE 101
    LOS ANGELES,CA90010     		  PC GRANT FOR AFTER SCHOOL PROGRAM 10,000
    THE LOUIS MOREAU INSTITUTE
    335 4TH AVENUE
    SALT LAKE CITY,UT84103     		  PC GRANT IN SUPPORT OF THE LIVE MUSIC PROGRAMS IN NEW ORLEANS 2018 10,000
    THE MIDNIGHT MISSION
    601 SOUTH SAN PEDRO STREET
    LOS ANGELES,CA90014     		  PC GRANT FOR MEALS & SUPPORT SERVICES FOR HOMELESS, ELDERLY, AND FAMILIES PROGRAM 12,500
    THE SALVATION ARMY
    180 EAST OCEAN BOULEVARD SUITE 500
    LONG BEACH,CA90802     		  PC GRANT FOR RED SHIELD YOUTH AND COMMUNITY CENTER 10,000
    TOPANGA SYMPHONY
    PO BOX 1654
    TOPANGA,CA90290     		  PC GRANT IN SUPPORT OF FREE CONCERTS PLANNED FOR 2018 2,500
    UC RIVERSIDE FOUNDATION
    900 UNIVERSITY AVENUE MC063
    RIVERSIDE,CA92521     		  PC GRANT IN SUPPORT OF GUARDIAN SCHOLARS PROGRAM 20,000
    UNION RESCUE MISSION
    545 S SAN PEDRO STREET
    LOS ANGELES,CA90013     		  PC GRANT IN SUPPORT OF HOMELESS WOMEN, CHILDREN AND FAMILY PROGRAM 10,000
    UNION STATION HOMELESS SERVICES
    825 E ORANGE GROVE BOULEVARD
    PASADENA,CA91104     		  PC GRANT FOR GENERAL OPERATING EXPENSES 12,500
    UNIVERSITY OF ILLINOIS AT URBAN CHAMPAIGN
    1901 S FIRST STREET SUITE A
    CHAMPAIGN,IL61820     		  PC GRANT FOR 2018 ACADEMIC RESEARCH FOR PROF. JULIE BOBITT 16,664
    USC THORNTON SCHOOL OF MUSIC
    840 W 34TH STREET
    LOS ANGELES,CA90089     		  PC GRANT FOR ADDRESSING THE MUSICAL REP DILEMMA IN ACADEMIA DIRECTED BY DEAN ROB CUTIETTA 35,000
    USC THORNTON SCHOOL OF MUSIC
    840 W 34TH STREET
    LOS ANGELES,CA90089     		  PC GRANT FOR PERFORMING ART WORKSHOP UNDER LEADERSHIP OF DR. LUCINDA CARVER 36,500
    WESTSIDE FAMILY HEALTH CENTER
    1711 OCEAN PARK BOULEVARD
    SANTA MONICA,CA90405     		  PC GRANT TO PROVIDE REPRODUCTIVE HEALTH CARE AND EDUCATION TO LOW-INCOME PATIENTS 5,000
    WOMEN'S EMPOWERMENT
    1590 NORTH A STREET
    SACRAMENTO,CA95811     		  PC GRANT IN SUPPORT OF 2018 PROGRAMS 12,500
    YESHIVA UNIVERSITY
    2495 AMSTERDAM AVENUE
    NEW YORK,NY10033     		  PC GRANT FOR 2018 ACADEMIC RESEARCH FOR PROF. GARY L. STEIN 20,000
    YOUNG EISNER SCHOLARS
    PO BOX 3085
    INGLEWOOD,CA90304     		  PC GRANT TO EQUIP THE LOW-INCOME STUDENTS WITH RESOURCES AND SUPPORT 15,000
    Total .................................bullet 3a 1,293,837
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 350,878  
    4 Dividends and interest from securities....     14 181,995  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 1,466,561  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 24,000  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 786,684  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aGRANTS FUNDS RETURNED     		    01 33,025  
    bLEGAL FEES - REAL ESTATE     01 7,185  
    cMISC. INCOME     01 594  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,850,922 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,850,922
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT AND TAX PREPARATION 23,200 17,240 0 5,960

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2017 DepreciationSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FAX SHARP UX120 1994-06-04 847 847 200DB 7.000000000000 0 0 0  
    OFFICE FIXT 1994-06-04 13,603 13,603 200DB 7.000000000000 0 0 0  
    1900 SACRAMENTO BUILDING 1986-03-31 1,947,460 1,947,460 SL 39.000000000000 0 0 0  
    RAILRPAD SPUR 1900 SACRAMENTO 1986-03-31 30,033   NC 0 % 0 0 0  
    1101-1131 MATEO ST. BUILDING 1986-03-31 1,386,956 1,386,956 SL 39.000000000000 0 0 0  
    ROOF-MATEO 1986-03-31 43,040 43,040 200DB 7.000000000000 0 0 0  
    REFIGERATION EQUIPMENT MATEO STREET 1996-07-31 38,000 38,000 200DB 7.000000000000 0 0 0  
    1104 LAWRENCE ST. 1986-03-31 1,060,000 1,060,000 SL 39.000000000000 0 0 0  
    ROOF-1900 SACRAMENTO STREET 1992-05-20 160,563 160,563 200DB 7.000000000000 0 0 0  
    VARIOUS IMPR. INCL. SEISMIC RETROFIT AT 1900 SACRAMENTO AND PARKING LO 1995-12-31 298,465 298,465 200DB 7.000000000000 0 0 0  
    LOT 8TH AND WILSON 1993-08-11 589,518   NC 0 % 0 0 0  
    LOT 8TH AND LEMON 1997-01-07 94,919   NC 0 % 0 0 0  
    FENCE FOR 8TH AND LEMON 1998-12-26 5,975 5,975 200DB 7.000000000000 0 0 0  
    SEISMIC RETROFIT COSTS AT 1102-1104 LAWRENCE & MATEO STREET 1995-12-31 127,481 127,481 200DB 7.000000000000 0 0 0  
    NEW ROOF AT 1104 LAWRENCE 1998-12-31 55,881 55,881 200DB 7.000000000000 0 0 0  
    NEW ROOF AT 1102 LAWRENCE 2009-04-07 14,450 8,667 200DB 7.000000000000 0 0 0  
    NEW ROOF AT 1101-1131 MATEO ST. 1998-12-31 121,182 121,182 200DB 7.000000000000 0 0 0  
    NEW ASPHALT PAVING - MATEO 1999-09-24 24,500 24,500 200DB 7.000000000000 0 0 0  
    HEAT/AIRCONDITIONING UNIT 1102 LAWRENCE ST. 2001-01-22 6,200 6,200 200DB 7.000000000000 0 0 0  
    HEAT/AIRCONDITIONING UNIT 1104 LAWRENCE ST. 2002-03-04 5,250 5,250 200DB 7.000000000000 0 0 0  
    FILING CABINETS 2009-06-02 3,589 3,589 200DB 7.000000000000 0 0 0  
    NEW ASPHALT PAVING - 1104 LAWRENCE 2003-11-28 62,134 57,988 200DB 7.000000000000 0 0 0  
    1900 SACRAMENTO TENANT IMPROVEMENT 2004-12-30 100,000 86,671 200DB 7.000000000000 0 0 0  
    ADDITIONAL IMPROVEMENT 2014-12-31 135,000 31,500 200DB 7.000000000000 29,571 0 19,286  
    1900 SACRAMENTO 6,684 SQFT. ACQD DRIVEWAY PROPERTY 2007-06-01 233,940   NC 0 % 0 0 0  
    1900 SACRAMENTO ASPHALT PAVING 2005-01-26 72,730 63,037 200DB 5.000000000000 0 0 0  
    MAJOR ROOF IMPROVEMENTS 1900 SAC & MATEO STREET 2017-07-31 76,548   200DB 7.000000000000 21,871 0 10,935  
    MAJOR ROOF IMPROVEEMNTS & HVAC PLATFORM LAWRENCE ST 2017-07-31 42,836   200DB 7.000000000000 12,239 0 6,119  
    1900 SACRAMENTO LAND 1986-03-31 1,294,330   NC 0 % 0 0 0  
    1101-1131 MATEO ST. LAND 1986-03-31 1,104,694   NC 0 % 0 0 0  

    TY 2017 InvestmentsGovtObligationsSch
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    US Government Securities - End of Year Book Value:

    3,205,137
    US Government Securities - End of Year Fair Market Value:

    3,210,507
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2017 InvestmentsLandSchedule2
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 3,347,434 0 3,347,434 3,347,434
    BUILDINGS 4,394,416 4,394,416 0 13,560,830
    BUILDING IMPROVEMENTS 1,390,236 1,198,081 192,155 192,155

    TY 2017 InvestmentsOtherSchedule2
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN BALANCED FUND AT COST 3,878,825 3,957,315
    VANGUARD LIFESTRATEGY FUND AT COST 645,000 648,217

    TY 2017 OtherAssetsSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EDUC. CENTER, FRANCE 440,547 440,547 1,538,810


    TY 2017 OtherExpensesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 72,199 69,310 0 2,889
    SUPPLIES 8,250 2,228 0 6,022
    OTHER OFFICE EXPENSE 17,501 4,651 0 12,850
    BANK CHARGES 610 453 0 157
    REPAIRS AND MAINTENANCE 10,805 8,029 0 2,776
    LOSS ON PROPERTY DISPOSAL 3,237 3,237 0 0
    LICENSE AND FEE 133 133 0 0
    PREPAID GRANT AMORTIZATION 12,391 0 0 12,391
    MEMBERSHIP 750 0 0 750


    TY 2017 OtherIncomeSchedule2
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ENVIRONMENT REMEDIATION REIMBURSEMENT 24,000 24,000  
    GRANTS FUNDS RETURNED 33,025   0
    LEGAL FEES - REAL ESTATE 7,185   0
    MISC. INCOME 594   0


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 59,622 44,305 0 15,317


    TY 2017 TaxesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAX 126,712 126,712 0 0
    EXCISE TAX 34,000 0 0 0
    FOREIGN TAX 604 604 0 0
    BUSINESS TAX 9,317 9,317 0 0
    FILING FEE 202 0 0 0
    LOCAL TAXES 2,187 2,187 0 0